Real Gross Fixed Capital Formation, Other Buildings and Structures for Australia
NFIOSRSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,475.00
Year-over-Year Change
17.15%
Date Range
7/1/1959 - 7/1/2023
Summary
This economic trend measures investment in non-residential buildings and other structures in Australia, which is an important indicator of business and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Real Gross Fixed Capital Formation, Other Buildings and Structures for Australia tracks private and public investment in non-residential buildings and infrastructure like roads, bridges, and utilities. It is a key metric of overall capital expenditure and business confidence.
Methodology
The data is collected and calculated by the Australian Bureau of Statistics.
Historical Context
This metric is closely watched by policymakers, economists, and investors to gauge the economic outlook and investment climate.
Key Facts
- Investment in other buildings and structures accounts for around 5% of Australia's GDP.
- This metric has seen steady growth over the past decade, reflecting strong business confidence.
- Infrastructure spending is a key policy lever for the Australian government to stimulate the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures investment in non-residential buildings and other structures in Australia, including things like commercial buildings, factories, and infrastructure.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of business investment and confidence, which has implications for overall economic growth and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to gauge the investment climate and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be delays in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Real Gross Fixed Capital Formation, Other Buildings and Structures for Australia (NFIOSRSAXDCAUQ), retrieved from FRED.